This Business News Story Was Uncovered By Us From: https://blog.eonetwork.org/2022/11/how-gsea-social-impact-prize-winner-joe-knopp-started-something-that-matters/
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The EO Global Student Entrepreneur Awards (GSEA) is the premier global competition for students who own and operate a business. Nominees compete against their peers from around the world in a series of local and national competitions in hopes to qualify for the GSEA Global Finals. GSEA delivers on its vision to empower student entrepreneurs to become the world’s most influential change-makers by supporting them with mentorship, recognition and connections to take their businesses to the next level of success.
In the 2022 GSEA Global Finals competition, Joe Knopp represented the United States. He won the GSEA Social Impact Prize for his work in helping to solve the global water crisis with his company, Ripple.
At its core, Ripple is dedicated to serving others by leveraging high-quality product lines to solve real-world problems. The problem at hand: Access to clean water.
Joe started the company in November 2020 from his dorm room at Walsh University in Ohio. Inspired by the book Start Something That Matters by Toms founder Blake Mycoskie, Joe decided to tackle the world water crisis.
Investing every bit of his savings from summer internships —about US$14,000 — Joe purchased 2,000 high-quality water bottles. He then sold them at a cost that included $6.50 from each bottle to go toward building a modern freshwater well in Uganda. Selling 2,000 bottles pays for one well. In essence, each bottle sold provides 2.5 people with clean water for the rest of their lives.
“It took six months to sell our first 2,000 bottles and make the US$13,000 to build our first well. That journey included nights of packing bottles to the point of exhaustion as well as cross-country trips to deliver bottles to businesses,” he said.
Fast-forward just two years to today, and Joe’s growing team has financed and built 21 modern, solar-powered water wells in Uganda. The business is thriving, but he isn’t stopping ther… Read More
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